FOR SALE
$280,000

89 Morgans Street
Ravensthorpe WA 6346

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 115m2
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Milk Bar / Lolly Shop $280,000.00

Phone enquiries - please quote property ID 30244.
Established in 2016, this Milk Bar comes from Lolly Shop, offering lollies from the ’70s, a Gourmet Ice cream, Candy Buffet with 44 options, a children's section, thick shakes, American Hotdogs, Italian coffee, and speciality teas/coffees, and with too many treats to mention. The "Candy Shack" is an original creation designed from the ground up by the owners who are now looking to retire. It boasts the Largest Free-Standing Lollipop in the World!
The handover comes with a flawless well-established reputation for both quality and customer service, steady profit, and peak activity throughout the year during holidays. There is growth potential through franchising opportunities or converting the large powered shed/double garage at the rear for extra revenue generation. If you’re motivated to grow this business there are no limits based on the current format of quality, quantity, and exceptional customer service.
The secret to its success is the business’s exemplary customer service, and it thrives with a very hands-on approach, operating 10 am-3.30 pm 7 days a week. New owners would be seeking a friendly family business and would be competent in customer service and admin skills – the systems in place make it possible for one happy motivated individual to manage daily operations. You will also have the option of hiring qualified staff on a regular or part-time basis. Transferring to new owners would be a smooth process, with everything already set up and training available for 2 weeks, plus ongoing consultation as needed.
The business is in rural Ravensthorpe, in the center of town, on the south coast highway between Esperance and Albany, accommodating all traffic between the east/west and north corridors; high a traffic area year-round.  Setup as a freehold, the 1/4 acre commercial property is included in the sale, positioned across from the Country Kitchen tourist stop and the Ravensthorpe museum. The building has a fun feel and draws people in with its eclectic colorful appearance. Front covered patio, beautiful garden, tables, chairs and umbrellas; inside a colorful version of heaven, an office and stock room.
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property Details for 89 Morgans St, Ravensthorpe

Building Type
Commercial
Floor Size
115m2

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About Ravensthorpe 6346

The size of Ravensthorpe is approximately 2,540.8 square kilometres. It has 15 parks covering nearly 5.8% of total area. The population of Ravensthorpe in 2011 was 391 people. By 2016 the population was 482 showing a population growth of 23.3% in the area during that time. The predominant age group in Ravensthorpe is 50-59 years. Households in Ravensthorpe are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ravensthorpe work in a managers occupation. In 2011, 47.9% of the homes in Ravensthorpe were owner-occupied compared with 56.4% in 2016.

Ravensthorpe has 927 properties. Over the last 5 years, Houses in Ravensthorpe have seen a 130.46% increase in median value, while Units have seen a 218.03% increase. As at 30 September 2024:

  • The median value for Houses in Ravensthorpe is $234,008 while the median value for Units is $919,678.
  • Houses have a median rent of $370.
There are currently 25 properties listed for sale, and 9 properties listed for rent in Ravensthorpe on OnTheHouse. According to CoreLogic's data, 31 properties were sold in the past 12 months in Ravensthorpe.

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